PRO Insurance Solutions

WFUM Pool Scheme Creditors Meetings Convened 27 October 2006

The meetings of creditors for all 16 of the participants in the WFUM Pool Schemes were convened in London on 27 October 2006.  Votes were cast by creditors of 14 of the scheme companies.  The meetings of two companies, Hibernian General Insurance Limited and Sphere Drake Insurance Limited, both of which only have small participations in the pool, were adjourned prior to the voting process.

As outlined in the WFUM scheme document and in line with market best practice, the independent Chairman of the meetings, Stephen Adamson, is reviewing the votes and values submitted prior to reporting to the Court on the outcome of the voting for each Scheme.

Please refer to the WFUM Scheme website (www.wfumpools.com) for further details.